Rusta (Buy, TP: SEK88.00) - Mixed Q2 2024/25 report
We consider this a mixed report for Rusta, including Q2 adj. EBIT 15% below consensus, while Christmas sales have started according to plan, and the company revised its store growth outlook for the next three years. We expect consensus 2024/25e adj. EBITA to come down by c2% following the report, but 2025/26–2026/27e to be raised somewhat on increased store growth.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.